Top Bitcoin Developer Gavin Andresen Predicts Ethereum Will Outgrow It

Ethereum has just gotten a surprising vote of confidence from a source that is very likely to upset Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term's diehard supporters. Gavin Andresen now predicts that the smart contracts and decentralized apps focused cryptocurrency will accelerate its adoption rate, leaving Bitcoin behind.

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Gavin Andresen is one of the very first developers of the original Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term, having taken over Bitcoin's source code control when its mysterious creator decided to disappear from the scene completely.

Ethereum has more nodes today than Bitcoin. Prediction: it's lead will grow even as its blockchain size exceeds bitcoin's.

— Gavin Andresen (@gavinandresen) September 25, 2016

This isn't the first time that Gavin Andresen made a statement that got him on the wrong side of many in the Bitcoin community. Earlier this year, as chief scientist at the Bitcoin Foundation, he wrote: “I believe Craig Steven Wright is the person who invented Bitcoin. I was flown to London to meet Dr. Wright a couple of weeks ago, after an initial email conversation convinced me that there was a very good chance he was the same person I’d communicated with in 2010 and early 2011. After spending time with him I am convinced beyond a reasonable doubt: Craig Wright is Satoshi.”

After he refused to refute Wright's discredited claims, the Bitcoin Foundation blocked Andresen's access to Bitcoin's source code and he was forced to relinquish his position.